Hyster-Yale Materials Handling Inc (HY) Insider Helen Rankin Butler Purchases 3,325 Shares

Hyster-Yale Materials Handling Inc (NYSE:HY) insider Helen Rankin Butler bought 3,325 shares of the firm’s stock in a transaction on Tuesday, March 26th. The shares were purchased at an average price of $62.07 per share, for a total transaction of $206,382.75. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Helen Rankin Butler also recently made the following trade(s):

  • On Wednesday, April 10th, Helen Rankin Butler bought 1,133 shares of Hyster-Yale Materials Handling stock. The shares were purchased at an average price of $64.97 per share, for a total transaction of $73,611.01.
  • On Tuesday, April 2nd, Helen Rankin Butler acquired 1,576 shares of Hyster-Yale Materials Handling stock. The shares were bought at an average price of $64.62 per share, for a total transaction of $101,841.12.

Shares of Hyster-Yale Materials Handling stock traded down $0.24 on Friday, hitting $67.42. 26,518 shares of the company traded hands, compared to its average volume of 59,238. The stock has a market cap of $1.12 billion, a P/E ratio of 38.09 and a beta of 0.95. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.46 and a quick ratio of 0.77. Hyster-Yale Materials Handling Inc has a 52 week low of $55.88 and a 52 week high of $78.19.

Hyster-Yale Materials Handling (NYSE:HY) last released its quarterly earnings data on Tuesday, February 26th. The industrial products company reported ($0.07) earnings per share (EPS) for the quarter. The company had revenue of $837.70 million for the quarter, compared to the consensus estimate of $872.90 million. Hyster-Yale Materials Handling had a net margin of 1.09% and a return on equity of 4.98%. The company’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.97 EPS.

Several institutional investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its holdings in shares of Hyster-Yale Materials Handling by 5.4% in the second quarter. Bank of New York Mellon Corp now owns 92,336 shares of the industrial products company’s stock valued at $5,932,000 after purchasing an additional 4,722 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of Hyster-Yale Materials Handling by 42.2% in the third quarter. First Trust Advisors LP now owns 27,632 shares of the industrial products company’s stock valued at $1,700,000 after purchasing an additional 8,203 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Hyster-Yale Materials Handling by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 59,130 shares of the industrial products company’s stock valued at $3,638,000 after purchasing an additional 1,025 shares in the last quarter. BlackRock Inc. grew its holdings in shares of Hyster-Yale Materials Handling by 1.4% in the third quarter. BlackRock Inc. now owns 668,500 shares of the industrial products company’s stock valued at $41,133,000 after purchasing an additional 9,303 shares in the last quarter. Finally, FMR LLC grew its holdings in shares of Hyster-Yale Materials Handling by 1.8% in the third quarter. FMR LLC now owns 304,132 shares of the industrial products company’s stock valued at $18,713,000 after purchasing an additional 5,489 shares in the last quarter. Hedge funds and other institutional investors own 49.44% of the company’s stock.

Separately, TheStreet cut shares of Hyster-Yale Materials Handling from a “b-” rating to a “c+” rating in a research report on Wednesday, March 20th.

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Hyster-Yale Materials Handling Company Profile

Hyster-Yale Materials Handling, Inc, through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. It manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. The company markets its products primarily under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships.

See Also: Cost of Equity

Insider Buying and Selling by Quarter for Hyster-Yale Materials Handling (NYSE:HY)

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